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LAKEWOOD MEDICAL AND WEEKLY DISABILITY BENEFIT TRUST FUND
Sections:
3.28.010 Established.
3.28.020 Authority.
3.28.030 Transfer of funds.
3.28.040 Payments.
3.28.010 Established.
The City Council establishes the Lakewood medical and weekly disability benefit
trust fund and designates the City Manager, the City Treasurer and Director
of Finance as trustees for the purpose of transferring, holding, and expending
the contributions of the city and its eligible employees under the medical and
weekly disability benefit program. (Ord. O-78-124 § 1, 1978).
3.28.020 Authority.
The City Manager, the Director of Finance and City Treasurer are authorized
to enter into a trust agreement in form approved by the City Attorney for the
purpose of safeguarding the funds contributed thereto and making such payments
from the Lakewood medical and weekly disability benefit trust fund as may be
necessary to pay claims, actuarial consultant's fees, legal fees, administration
fees, and other related expenses involved in this self-funded program. (Ord.
O-78-124 § 2, 1978).
3.28.030 Transfer of funds.
The City Treasurer is authorized and directed to transfer from the general fund
of the city to the Lakewood medical and weekly disability benefit trust fund
a monthly amount to be determined by the City Manager. Funding of the city's
contribution to the medical and weekly disability benefit program in subsequent
years shall be pursuant to budget and appropriation. (Ord. O-78-124 § 3,
1978).
3.28.040 Payments.
The City Treasurer is authorized and directed to pay over to the Lakewood medical
and weekly disability benefit trust fund all contributions by the city's employees
attributable to the medical and weekly disability benefit program. (Ord. O-78-124
§ 4, 1978).
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Americans with Disability Act (ADA) Notice |
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